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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

ABI: Bankruptcy Filings Drop by Double Digits Through 3 Quarters of 2013

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute highlighted that filings dropped 13 percent through the first three quarters of this year compared to the same time span a year ago. According to data provided by Epiq Systems, total bankruptcy filings ... [Read More]

Automotive Compliance Consultants Ramps up Training for Hispanic Employees

Nick Zulovich
CRYSTAL LAKE, Ill. — Given what the firm believes is an increased focus on dealerships by the Occupational Safety and Health Administration, Automotive Compliance Consultants recently rolled out more tools for dealer principals and their service managers so proper compliance ... [Read More]

POADA to Host 700Credit for Free Compliance Webinar

Nick Zulovich
CARY, N.C. — POADA is hosting 700Credit, a provider of credit reporting and compliance products and services, for a free Market Intelligence Webinar titled, "Compliance Questions Answered." Kenneth Hill, managing director of 700Credit, will be the presenter during the webinar ... [Read More]

CarFinance.com: 6 Top Tips for Buying a Car with Less-than-Prime Credit

Nick Zulovich
IRVINE, Calif. — For dealers who are trying to bring in subprime buyers who are better prepared to make a purchase, CarFinance.com released its 2013 Top Tips for Buying a Car with Less-than-Prime Credit. For buyers with less-than-prime credit, site ... [Read More]

Spireon Begins GoldStar GPS Integration with Frazer DMS

Nick Zulovich
IRVINE, Calif. — Spireon, the provider of the GoldStar GPS solution as well as other mobile resource management and business intelligence tools, completed an initial phase of the integration with Frazer's Dealer Management System. The companies highlighted that joint customers ... [Read More]

CPS Announces $205 Million Senior Subordinate Asset-Backed Securitization

Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services marked the closing of its third term securitization of the year. The transaction is CPS' 10th senior subordinate securitization since the beginning of 2011. In the transaction, qualified institutional buyers purchased ... [Read More]

Number of Subprime Buyers in Used Market Dips Modestly

Nick Zulovich
BANDON, Ore. — In the midst of a used-car market that grew about 4 percent year-over-year and reached 3.65 million sales, September showed slightly less subprime buyers, but a greater proportion of vehicles that were financed, according to the latest ... [Read More]

AFS Acceptance Promotes Seagrave to President

Nick Zulovich
FORT LAUDERDALE, Fla. — In just two years, Scot Seagrave has navigated his way to be president of AFS Acceptance. The company promoted Seagrave — one of the speakers at the inaugural SubPrime Forum next month — citing his effectiveness ... [Read More]

Equifax: Auto Loan Balances at Highest Level in More Than 5 Years

Nick Zulovich
ATLANTA — According to Equifax's latest National Consumer Credit Trends Report, the total outstanding balances on auto and credit card loans increased year-over-year in August. Analysts contend the total balance of existing auto loans is at its highest level in ... [Read More]

AFSA Highlights Board of Director Elections, Newest Members

Nick Zulovich
WASHINGTON, D.C. — Along with five new members, five financial services executives have been elected to the board of directors of the American Financial Services Association. The new board members are: —Angela Chattin, president of CarMax Auto Finance —James Cho, ... [Read More]

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